Indian Premier League (IPL) The world’s largest and most famous tee20 There is a cricket league. There is a millionaire owner behind every team involved in this. Every match in IPL has great importance and losing a match is a big blow not only for the team but also for the owners, but the question arises that how much money do the owners lose by losing a match?? let’s find out.
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Where does IPL money come from??
IPL The money comes from many places, including media rights, Sponsorship, Ticket sales and merchandise included. In fact, auction of television and digital rights of any IPL match earns a good amount of money.. apart from–Different companies sponsor IPL teams and matches, which increases revenue. Apart from this, income is also earned by selling tickets for the matches held in the stadium and the team’s jersey., bat, Income is also earned by selling balls etc..
IPL How much does the owners lose if they lose a match?
If IPM loses even one match, its owners may suffer a loss of crores of rupees.. In fact, to create a team, its owner is a–buys a player for crores and lakhs of rupees. Apart from this, there is huge expenditure in branding and organizing the match.. In such a situation, if a team loses even one match, its owner suffers a big loss.. let’s know how.
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What effect does losing a match have on the owner of that team??
The victory and defeat in every match affects the team’s brand and its sponsors. If a team is losing continuously, So its brand image is affected. This directly impacts the deals of sponsors and brand ambassadors. Brands are usually excited to be associated with a team that is performing well.
Keeping the sponsors in mind, a team’s continuous losses can put their partnership at risk. For example, Team’s sponsorship money after losing a match (sponsorship expenses) maybe less. If a team 10-12 from matches 6-7 lose the match, So the owners of that team may get less money from sponsors., Which can be up to crores of rupees. Apart from this, less number of spectators come to the stadium to watch the team which is continuously losing the matches, which may affect the ticket sales. Also, the team’s defeat does not only affect the performance of the match., Rather, it also affects the money earned from it. bearing this in mind, If the audience decreases after losing a match, So the team owners 5-10 There may be a loss of up to lakh rupees. Also the owners may suffer loss in the fact that if the team performs well, they may get a huge amount as winnings (about Rs 10-20 crores), but if the team is continuously losing, then This amount reduces.
How much do owners lose if they lose a match?
Owners of IPL teams find it difficult to estimate the losses they will incur after losing a match., Because it depends on many things. But if we talk on the basis of general estimation then after losing a match the owners 2 from crores of rupees 10 There could be a loss of up to crores of rupees, which sponsors, ticket sales, Linked to reduction in media coverage and bonuses.
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